Asian Shares Gain as Investors Shrug off Downbeat Data | Business News

By ELAINE KURTENBACH, AP Business Writer BANGKOK (AP) — Shares were higher in Asia on Friday, despite data suggesting economies are slowing. The advance tracked gains on Wall Street, where the market is headed for its first weekly gain after three weeks of punishing losses. Tokyo’s Nikkei 225 index added 1.2% to 26,491.97 and the … Read more

UK Rail Strike Strands Commuters, Pits Workers Against Govt | Business News

By JILL LAWLESS, Associated Press LONDON (AP) — Tens of thousands of railway workers walked off the job in Britain on Tuesday, bringing the train network to a crawl in the country’s biggest transit strike for three decades — and a potential precursor to a summer of labor discontent. About 40,000 cleaners, signallers, maintenance workers … Read more

Biden Says Decision on Gas Tax Holiday May Come This Week | Business News

By AAMER MADHANI and JOSH BOAK, Associated Press REHOBOTH BEACH, Del. (AP) — President Joe Biden said Monday that he’s considering a federal holiday on the gasoline tax, possibly saving US consumers as much as 18.4 cents a gallon. “Yes, I’m considering it,” Biden told reporters after taking a walk along the beach near his … Read more

Asian Markets Most Lower Ahead of US Holiday | Business News

By YURI KAGEYAMA, AP Business Writer TOKYO (AP) — Asian markets were mostly lower in cautious trading Monday ahead of a federal holiday in the US Worries over inflation and risks of a global recession from central bank efforts to bring it under control appeared to outweigh Wall Street’s positive close on Friday. The price … Read more